Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
BTCevo
on 21/05/2015, 14:46:24 UTC
just to buy low,
and then they call to da moon

and then again low-moon-low-moon...

The short term price will fluctuate, but long term price is up if bitcoin is adopted in business.

But they dont adopt it easily in business because bitcoin need some regulation to make it clear that we can use it for businees and that must wait for the government to make the regulation so I dont think the price will go higher in this few months or years. The short term is fluctuate but if you can predict it by seeing the graph I think you will get some daily profit
How you will sure that the bitcoin price will go higher in this succeeding months or years? You can only predict the price of bitcoin by its demands and supply. And do you think government will make a rules or a law about bitcoin? And we all know that government are not fully adopt the bitcoin.

If government allow it in some countries so the price will have a chance to get higher. We just can wait for government to allow this and make this bitcoin good enough for some traders. I guess for some countries their government is support their bitcoin thing so I think they will make some rules for bitcoin itself

But they dont adopt it easily in business because bitcoin need some regulation to make it clear that we can use it for businees

BTC doesnt need a regulation for it to be used as payment options. Basically regulations depends on each goverment, on the other hand some government are supporting and some banned BTC in their country. Having some regulations means that BTC is bowed to the goverment which is not the purposes of BTC to be a decentralized currency.

All people need is not a regulations but education on how better BTC is against FIAT. Some people just dont know how BTC is better and it can be change

If there are no regulations for the payment method or other things about bitcoin I dont think the government will support about this bitcoin in some countries. They will support this bitcoin when it comes to some profit that government can "eat".